Author

Topic: Newbie Needs More Help (Read 1454 times)

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 10, 2014, 05:29:17 PM
#20
If you can mine with your CPU you should go for it , you can mine Ducknote or Monero.  Use this pool https://minergate.com/ You sign up here , download the client and start mining , easy Smiley

Im pretty new myself .
Well, he's using Pentium to mine. Everyone can mine for it but the electrical cost may be high you may never make ROI as the exchange rate is quite low.
newbie
Activity: 9
Merit: 0
July 10, 2014, 03:09:50 PM
#19
yes better join pool

you mention configuration is not enough for get good ROI

thanks
full member
Activity: 155
Merit: 100
July 10, 2014, 12:55:18 PM
#18
I don't think you will be able to make much profit with this configuration. It would be best for you to join a pool.
member
Activity: 103
Merit: 10
July 10, 2014, 11:45:39 AM
#17
Its better to buy bitcoin then to mine!!!
full member
Activity: 238
Merit: 100
July 10, 2014, 08:20:01 AM
#16
If you can mine with your CPU you should go for it , you can mine Ducknote or Monero.  Use this pool https://minergate.com/ You sign up here , download the client and start mining , easy Smiley

Im pretty new myself .
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 10, 2014, 07:57:00 AM
#15
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

wooot

why we we want to know that

never CPU mine!

mine with your GPU, it mines like 5x better

CPU is for CPU coins, GPU is for GPU coins so they both have different market
Let's take litecoin as an example. They said scrypt can only be CPU mined, not GPU or ASICs. However, in some time, GPU Scrypt miner was developed and later ASICs. No coin can ever be resistant forever, and not every coin can be a successful coin.

why would anyone make a CPU coin when a GPU one would be much more effective?
They most probably want the majority of the community to be able to be involved in the mining. Also, most people have GPU being used for Bitcoin mining. They can easily shift those over, those with smaller rigs cannot make much from it.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 10, 2014, 06:52:14 AM
#14
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

wooot

why we we want to know that

never CPU mine!

mine with your GPU, it mines like 5x better

CPU is for CPU coins, GPU is for GPU coins so they both have different market
Let's take litecoin as an example. They said scrypt can only be CPU mined, not GPU or ASICs. However, in some time, GPU Scrypt miner was developed and later ASICs. No coin can ever be resistant forever, and not every coin can be a successful coin.
hero member
Activity: 619
Merit: 500
July 10, 2014, 06:08:59 AM
#13
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

wooot

why we we want to know that

never CPU mine!

mine with your GPU, it mines like 5x better

CPU is for CPU coins, GPU is for GPU coins so they both have different market

The problem is that many so-called "CPU coins" can be GPU-mine now...
sr. member
Activity: 273
Merit: 250
July 10, 2014, 05:13:25 AM
#12
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

wooot

why we we want to know that

never CPU mine!

mine with your GPU, it mines like 5x better

CPU is for CPU coins, GPU is for GPU coins so they both have different market
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 10, 2014, 05:06:28 AM
#11
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

wooot

why we we want to know that

never CPU mine!

mine with your GPU, it mines like 5x better
Really impossible to make ROI. ASICs were developed for scrypt and SHA256. Most ASIC resistant coin either have better efficiency using CPU or Difficulty is too high to mine any more and they May be a pump and dump coin.
newbie
Activity: 7
Merit: 0
July 10, 2014, 04:48:43 AM
#10
I can't tell if this is a troll post... maybe not... but sadly yes that hardware is garbage for really any sort of coin...

if it's a cpu coin worth mining it has a gpu miner...
if it's a cpu coin worth mining that doesn't have a gpu miner... you will need a < 3 year old cpu...

if it's a gpu coin... hah
if it's a >2 coin... hah and... go asic
hero member
Activity: 700
Merit: 500
July 09, 2014, 05:02:24 PM
#9
Even if you have free electricity it is not worth mining with this "rig" (sorry but I hardly say rig to this pc).
legendary
Activity: 1960
Merit: 1005
July 08, 2014, 09:25:24 AM
#8
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy
Sorry man,
This is not going to happen with G41 chipset :/
You will not have any results at all. Try mining some cpu coins with your dual core, there will be no results at all with it neither , but you will manage to mine something Smiley
Look at the alt coin section and choose a coin there.
BR
Gondel
300
member
Activity: 78
Merit: 10
July 08, 2014, 09:14:37 AM
#7
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

You can't profitably mine Bitcoin with CPUs or GPUs anymore. You will need an ASIC to mine Bitcoin.

You could mine Litecoin or any other scrypt coin like Dogecoin with a GPU but there are ASICs out there now which will soon render GPU mining obsolete - just like the way it did with Bitcoin. Besides, your graphics card is integrated, so there would be no point in GPU mining anyway since it wouldn't be powerful enough.

There are a couple of coins out there that are still mineable with GPUs and unlike Litecoin, don't have ASICs built for them yet. Examples include Darkcoin (X11) and Vertcoin (scrypt-N). If you want to mine these, all you need to do is buy a graphics card and install it on your PC. You could also sell the graphics card on eBay anytime you want or use it to play games.

You could also try mining CPU coins. Check out the CPU Coin List. If you decide to do this, then it probably wouldn't hurt to upgrade your CPU beforehand since yours is a bit old.

After choosing a coin and mining it, you can then trade it for bitcoins on an altcoin exchange such as Cryptsy. Or you could just buy BTC instead and skip mining altogether. In fact, you would end up with a lot more BTC that way.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 08, 2014, 08:49:31 AM
#6
You cannot mine with Intel graphics. You cannot mine Bitcoin with it. Considering that you have an older CPU, CPU mining alt coins is also out of the question.why not try buying some bitcoin?
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
July 08, 2014, 04:33:31 AM
#5
As already said, you would be better off just buying bitcoin with your spare money, there's plenty of ways to earn bitcoins (paid sigs/offering services etc). Mining's not really worth it unless you can afford to buy some decent mining rig.
hero member
Activity: 519
Merit: 500
July 08, 2014, 03:02:52 AM
#4
Welcome Sandy to the forums.  You cannot make a profit currently by mining unless you happen to design you own coin and get a lot of support.  Either focus on working to acquire more disposable income and buy your coins on an exchange or offer services to the community in exchange for coins.
hero member
Activity: 543
Merit: 500
July 08, 2014, 02:10:26 AM
#3
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

It is hard to get profit mining with a high-end standalone GPU, let alone your G41...
legendary
Activity: 1456
Merit: 1000
July 08, 2014, 01:55:43 AM
#2
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy

This computer really is not a mining computer on it's stats.  Before jumping into GPU's i would do some ROI analysis.

I suggest looking at bitcoin asic's.  Again all depends on if you want to mine or just buy bitcoin's straight out and amount you want to spend.
newbie
Activity: 12
Merit: 0
July 08, 2014, 01:50:24 AM
#1
Help! I have started pulling my hair out. My computer is a Pentium Dual Core CPU E5300 with an Intel G41 Express Chipset incorporated graphics. I can not get Guiminer to work. Am I screwed with these graphics? If so what should I get that will work but won't bankrupt me? Thanks......Sandy
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